Cryptoassets were subject to panic selling throughout the day, with a decline in technology stocks led by Nvidia.
Analyst Opinions
“Buy the dip,” said Geoffrey Kendrick, head of global digital asset research at Standard Chartered Bank. Kendrick predicted a week ago that Trump’s crypto-related executive order and strategic reserve expectations were overpriced in markets, which could lead to a 10%-20% correction. He stated that the recent sales pressure has eliminated most of this situation.
“Buy the dip.” -Geoffrey Kendrick.
Long Term Prospects
Kendrick added that there could be more volatility this week as major tech companies report earnings this week and the Federal Reserve’s January meeting results are released.
Although the Trump administration’s actions regarding digital assets do not have much positive impact on prices in the near term, these actions are expected to have positive effects on the sector by increasing asset flows to institutions in the coming weeks and months. LondonCryptoClub analysts share a similar view and consider the crypto sell-off as a sudden reaction to a major event.
“Deepseek FUD is the classic ‘kill first, ask later’ approach.” -LondonCryptoClub Analysts.
Bitcoin 
$99,231.3is trading at $99,800, down more than 4% in recent hours. The tech-heavy Nasdaq 100 index saw a 3% decline, while Nvidia shares lost 17%.
It is evaluated that fluctuations in the markets may increase uncertainty in the short term, but corporate investment flows may be supportive in the long term. Investors are advised to be cautious against sudden selling pressures in the positive environment built by the basic macroeconomic story.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
